一然1982
@Square-Creator-72f787352
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Searching for dragons, one must look at Chanshan; each layer of entanglement is a layer of barrier. If the door is locked a thousand times, surely a king or noble resides here. 😂 Mani Mani, let's blow it up!
A few days ago, I called you to join me in taking the long position on 91800's $BTC , and I'm still holding it. The plan is to close half at 99000 and close all at 102000.
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'Seeking the Dragon, Dividing Gold, and Observing the Tangled Mountain' in Spot Trading K-Line Usage
The phrase 'seeking the dragon, dividing gold, and observing the tangled mountain' was originally used in feng shui to find auspicious locations, but in the cryptocurrency market, some investors have applied it analogously to technical analysis of tokens, especially in candlestick chart analysis. Below are its application methods in candlestick charts:
Seeking the Dragon
Find the main trend: In candlestick charts, 'seeking the dragon' can be likened to finding the main trend of cryptocurrency prices. By observing the long-term trends of cryptocurrency prices, one can identify the main trend lines of price increases or decreases, which can be support lines or resistance lines.
Pay attention to changes in trading volume: Changes in trading volume can serve as a basis for judging the strength of trends. If the trading volume increases when the price rises and decreases when the price falls, it indicates a strong upward trend.
Seeking the Dragon
Find the main trend: In candlestick charts, 'seeking the dragon' can be likened to finding the main trend of cryptocurrency prices. By observing the long-term trends of cryptocurrency prices, one can identify the main trend lines of price increases or decreases, which can be support lines or resistance lines.
Pay attention to changes in trading volume: Changes in trading volume can serve as a basis for judging the strength of trends. If the trading volume increases when the price rises and decreases when the price falls, it indicates a strong upward trend.
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Before placing the order, I didn't chant the spell... Mani Mani, boom! 😂😂😂 As long as the green mountains remain, I’m not afraid of not having firewood to burn. It's very normal to hit the stop-loss in the contract; no one can guarantee 100%. Keep it up! 💪
Last night I took a short position on order $ETH and got stopped out, I must have offended someone, a bunch of clowns came to laugh at me. Is this key point not worth opening a position? I even left a message saying that if I get stopped out, I would go to 3700-3750. Are you prepared to hold the position to that level? Do you really think your contracts are always 100%? If you have the ability, just do it yourself, no need to come and look at mine.
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From the chart, there is a clear support level around $1.048, while a significant resistance level exists around $2.195. The current price of $1.492 is situated between these two key levels, which may suggest that the market is looking for a new direction.
Looking at the moving averages (MA):
MA(7) is 1.365
MA(25) is 1.461
MA(99) is 1.462
The current price is not only above MA(7) but also above MA(25) and MA(99). This indicates an upward trend in the short term, but the long-term trend still needs further observation. MA(99) is typically seen as an indicator of the long-term trend, and a price above this level is a positive signal.
Next, let's look at the MACD indicator:
DIF is -0.052
DEA is -0.076
MACD is 0.023
The MACD line is above the signal line, and the histogram shows positive values, which is generally considered a bullish signal. Although DIF and DEA remain negative, the positive value of the histogram indicates that bearish strength is weakening, and bulls may be gaining the upper hand.
Additionally, the 24-hour trading volume is 40,365,100 FET, with a trading amount of 58,933,400 USDT. This indicates a high level of market activity, and an increase in trading volume typically supports price movement.
In summary, although FET/USDT has risen in the past 24 hours, it is currently still near a key resistance level. The MACD indicator shows a bullish signal, and the price is above several moving averages, indicating potential for further upward movement in the short term. However, investors still need to monitor whether the price can effectively break through the resistance level of $2.195 to confirm a further upward trend.
Looking at the moving averages (MA):
MA(7) is 1.365
MA(25) is 1.461
MA(99) is 1.462
The current price is not only above MA(7) but also above MA(25) and MA(99). This indicates an upward trend in the short term, but the long-term trend still needs further observation. MA(99) is typically seen as an indicator of the long-term trend, and a price above this level is a positive signal.
Next, let's look at the MACD indicator:
DIF is -0.052
DEA is -0.076
MACD is 0.023
The MACD line is above the signal line, and the histogram shows positive values, which is generally considered a bullish signal. Although DIF and DEA remain negative, the positive value of the histogram indicates that bearish strength is weakening, and bulls may be gaining the upper hand.
Additionally, the 24-hour trading volume is 40,365,100 FET, with a trading amount of 58,933,400 USDT. This indicates a high level of market activity, and an increase in trading volume typically supports price movement.
In summary, although FET/USDT has risen in the past 24 hours, it is currently still near a key resistance level. The MACD indicator shows a bullish signal, and the price is above several moving averages, indicating potential for further upward movement in the short term. However, investors still need to monitor whether the price can effectively break through the resistance level of $2.195 to confirm a further upward trend.
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$From the chart, it seems that the price is experiencing a period of volatility. The highest price in the last 24 hours was $42.36, and the lowest was $39.34, with the price fluctuating within this range. The 24-hour trading volume was 2.2357 million AVAX, with a transaction amount of $92.2525 million USDT, indicating a high level of market activity.
Next, let's look at the moving averages (MA):
MA(7) is 38.41
MA(25) is 41.94
MA(99) is 35.28
The current price of $42.35 is above MA(7) and MA(25), but below MA(99). This may suggest a short-term upward trend in price, but the long-term trend still needs to be observed.
Now let's look at the MACD indicator:
DIF is -1.14
DEA is -1.54
MACD is 0.40
The MACD line is above the signal line, and the histogram is positive, which is typically seen as a bullish signal. However, both DIF and DEA are still negative, indicating that the market may still be in an adjustment phase.
From the chart, there is a support level near $33.60 and a resistance level near $55.79. The current price is close to $42.35, situated between these two levels. If the price can break through the resistance level of $55.79, it may rise further; conversely, if the price falls below the support level of $33.60, it may decline further.
Overall, AVAX/USDT is currently in a critical volatility range, with potential for short-term increases, but investors should closely monitor the breakout conditions of key support and resistance levels to assess the future trend direction.
Next, let's look at the moving averages (MA):
MA(7) is 38.41
MA(25) is 41.94
MA(99) is 35.28
The current price of $42.35 is above MA(7) and MA(25), but below MA(99). This may suggest a short-term upward trend in price, but the long-term trend still needs to be observed.
Now let's look at the MACD indicator:
DIF is -1.14
DEA is -1.54
MACD is 0.40
The MACD line is above the signal line, and the histogram is positive, which is typically seen as a bullish signal. However, both DIF and DEA are still negative, indicating that the market may still be in an adjustment phase.
From the chart, there is a support level near $33.60 and a resistance level near $55.79. The current price is close to $42.35, situated between these two levels. If the price can break through the resistance level of $55.79, it may rise further; conversely, if the price falls below the support level of $33.60, it may decline further.
Overall, AVAX/USDT is currently in a critical volatility range, with potential for short-term increases, but investors should closely monitor the breakout conditions of key support and resistance levels to assess the future trend direction.
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I am heavily invested in FET😂
Daily Analysis of Cryptocurrency Circle (1.3)
Summary:
BTC has not finished falling yet and will continue to break new lows. This view has been maintained recently. The daily line has a complete downward structure and no volume has been seen. Therefore, 91500 is not the bottom, and it is definitely not the starting point for breaking new highs. The internal 4-hour is still moving in the central axis oscillation. The emotional point of 10w was also mentioned two days ago. As long as it breaks 10w again, all kinds of fomo emotions will come in the market, and all kinds of chasing up will not be surprising. If you insist on reading my analysis every day, I hope to help you avoid pitfalls. Today, I want to mention one thing, that is, the main force may do an M-top technique above 10w. If the top is successful, the neckline position is 90000-91500, and it is also possible that the daily line will close above 10w for several consecutive days, so that everyone feels that it has stood firm, and then continue to kill a wave and take it away. The main force is never afraid of you spying on his intentions. Even if you spy on his intentions, you will still be zero, and you will rise and fall, but your position is gone. This is the reason. In fact, even if it rebounds to 102000, it is only the position of fibo0.618, which is not surprising. The general direction is still bearish, with the target of 85000-89000 in the first range and 77000-80000 in the second range. In addition, I will say one more thing to those little blacks today, you'd better be more virtuous. I remind you with good intentions. If you don't listen, forget it. In reality, I don't even look at you. If you really want to chase it now, go ahead, don't complain all day long. In addition, I asked you to go long at 91500 a few days ago. Did you do it? Now the highest is 97800. Did you get the 6000 points of profit?
Operation:
$BTC , short at 100000-102000, stop loss at 104000, take profit at 89000
Summary:
BTC has not finished falling yet and will continue to break new lows. This view has been maintained recently. The daily line has a complete downward structure and no volume has been seen. Therefore, 91500 is not the bottom, and it is definitely not the starting point for breaking new highs. The internal 4-hour is still moving in the central axis oscillation. The emotional point of 10w was also mentioned two days ago. As long as it breaks 10w again, all kinds of fomo emotions will come in the market, and all kinds of chasing up will not be surprising. If you insist on reading my analysis every day, I hope to help you avoid pitfalls. Today, I want to mention one thing, that is, the main force may do an M-top technique above 10w. If the top is successful, the neckline position is 90000-91500, and it is also possible that the daily line will close above 10w for several consecutive days, so that everyone feels that it has stood firm, and then continue to kill a wave and take it away. The main force is never afraid of you spying on his intentions. Even if you spy on his intentions, you will still be zero, and you will rise and fall, but your position is gone. This is the reason. In fact, even if it rebounds to 102000, it is only the position of fibo0.618, which is not surprising. The general direction is still bearish, with the target of 85000-89000 in the first range and 77000-80000 in the second range. In addition, I will say one more thing to those little blacks today, you'd better be more virtuous. I remind you with good intentions. If you don't listen, forget it. In reality, I don't even look at you. If you really want to chase it now, go ahead, don't complain all day long. In addition, I asked you to go long at 91500 a few days ago. Did you do it? Now the highest is 97800. Did you get the 6000 points of profit?
Operation:
$BTC , short at 100000-102000, stop loss at 104000, take profit at 89000
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The new generation of graphics cards released by NVIDIA at CES 2025 is expected to have the following impacts on the overall AI industry and the blockchain AI sector:
1. Promote the popularization and application of AI technology: The new generation of graphics cards will provide more hardware support for the promotion of AI technology, allowing AI applications to enter homes and businesses more widely. This will promote the application of AI technology in various fields, including but not limited to games, content creation, data analysis, etc.
2. Improve AI performance and efficiency: The new generation of graphics cards are equipped with improved "neural rendering" functions and faster GDDR7 memory, which can bring a better experience to game enthusiasts. This performance improvement will also benefit the AI field, especially in scenarios that require a lot of graphics processing and complex calculations, such as deep learning training and reasoning.
3. Promote the development of AI content creation: Using the powerful computing power of graphics cards, creators can generate high-quality images and text more quickly, promoting the development of fields such as AI painting and AI writing.
4. Accelerate the development of the blockchain AI sector: The high-performance computing capabilities of the new generation of graphics cards, especially their excellent performance in processing complex models and large-scale data sets, will provide strong technical support for the blockchain AI sector. This will help accelerate the integration of blockchain technology and AI, and promote the development of smart contracts, decentralized applications (DApps) and other fields.
5. Increase market demand for AI hardware: With the continuous advancement of AI technology and the expansion of its application areas, the demand for high-performance AI hardware will also increase. The release of a new generation of graphics cards may stimulate market demand for AI hardware, especially for those professional fields that require high-performance computing and graphics processing.
6. Promote technological innovation and competition: The release of NVIDIA's new generation of graphics cards will promote technological innovation and competition in the industry, prompting other manufacturers to launch competitive products, thereby promoting technological progress in the entire industry.
In summary, the release of NVIDIA's new generation of graphics cards is expected to have a positive impact on the overall AI industry and the blockchain AI sector, promoting technological development and application popularization.
1. Promote the popularization and application of AI technology: The new generation of graphics cards will provide more hardware support for the promotion of AI technology, allowing AI applications to enter homes and businesses more widely. This will promote the application of AI technology in various fields, including but not limited to games, content creation, data analysis, etc.
2. Improve AI performance and efficiency: The new generation of graphics cards are equipped with improved "neural rendering" functions and faster GDDR7 memory, which can bring a better experience to game enthusiasts. This performance improvement will also benefit the AI field, especially in scenarios that require a lot of graphics processing and complex calculations, such as deep learning training and reasoning.
3. Promote the development of AI content creation: Using the powerful computing power of graphics cards, creators can generate high-quality images and text more quickly, promoting the development of fields such as AI painting and AI writing.
4. Accelerate the development of the blockchain AI sector: The high-performance computing capabilities of the new generation of graphics cards, especially their excellent performance in processing complex models and large-scale data sets, will provide strong technical support for the blockchain AI sector. This will help accelerate the integration of blockchain technology and AI, and promote the development of smart contracts, decentralized applications (DApps) and other fields.
5. Increase market demand for AI hardware: With the continuous advancement of AI technology and the expansion of its application areas, the demand for high-performance AI hardware will also increase. The release of a new generation of graphics cards may stimulate market demand for AI hardware, especially for those professional fields that require high-performance computing and graphics processing.
6. Promote technological innovation and competition: The release of NVIDIA's new generation of graphics cards will promote technological innovation and competition in the industry, prompting other manufacturers to launch competitive products, thereby promoting technological progress in the entire industry.
In summary, the release of NVIDIA's new generation of graphics cards is expected to have a positive impact on the overall AI industry and the blockchain AI sector, promoting technological development and application popularization.
Share my spot transaction
B
FET/USDT
at
1.416USDT
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From the chart, it can be seen that the price of SHIB is 0.0000274 USDT, up by 8.13%. The lowest price in the last 24 hours is 0.00002097, and the trading volume in the last 24 hours is 63,013,600 USDT. The chart also shows the Moving Average (MA) and MACD indicators.
From the candlestick chart, the price has shown signs of rebound after a period of decline. MA(7) is 0.00002171, MA(25) is 0.00002410, and MA(99) is 0.00002216. The MACD indicator shows DIF at -0.00000123, DEA at -0.00000122, and the MACD histogram is close to zero, indicating that the market may be in a consolidation state.
Overall, SHIB's price shows an upward trend in the short term, but the long-term trend still needs to be observed. If you are considering trading, it is recommended to combine more market information and analysis tools for cautious decision-making.
From the candlestick chart, the price has shown signs of rebound after a period of decline. MA(7) is 0.00002171, MA(25) is 0.00002410, and MA(99) is 0.00002216. The MACD indicator shows DIF at -0.00000123, DEA at -0.00000122, and the MACD histogram is close to zero, indicating that the market may be in a consolidation state.
Overall, SHIB's price shows an upward trend in the short term, but the long-term trend still needs to be observed. If you are considering trading, it is recommended to combine more market information and analysis tools for cautious decision-making.
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From the chart, there are multiple moving averages: MA(7) is 1.322, MA(25) is 1.478, and MA(99) is 1.466. The current price of $1.403 is above MA(7) but below MA(25) and MA(99). This may indicate some upward momentum in the short term, but the long-term trend still needs to be observed.
The highest price in the last 24 hours was $1.425, and the lowest was $1.248. The current price is close to the highest price, showing market strength. The trading volume in the last 24 hours was 35.6632 million FET, with a trading amount of $48.1352 million, indicating a high level of market activity.
The MACD indicator shows that DIF is -0.083, DEA is -0.085, and the MACD value is 0.002. These values are close to zero, indicating that the market may be at a critical turning point and requires close attention to subsequent changes.
From the candlestick chart, the price has shown signs of rebounding after a period of decline. The previous high was $2.195 and the low was $0.804. The current price of $1.403 seems to be attempting to rebound from the low, but has not yet reached the previous high.
In summary, FET/USDT is currently in a short-term upward trend, but the long-term trend still needs further confirmation. It is recommended that investors stay alert and combine more market information and technical indicators to make informed investment decisions.
The highest price in the last 24 hours was $1.425, and the lowest was $1.248. The current price is close to the highest price, showing market strength. The trading volume in the last 24 hours was 35.6632 million FET, with a trading amount of $48.1352 million, indicating a high level of market activity.
The MACD indicator shows that DIF is -0.083, DEA is -0.085, and the MACD value is 0.002. These values are close to zero, indicating that the market may be at a critical turning point and requires close attention to subsequent changes.
From the candlestick chart, the price has shown signs of rebounding after a period of decline. The previous high was $2.195 and the low was $0.804. The current price of $1.403 seems to be attempting to rebound from the low, but has not yet reached the previous high.
In summary, FET/USDT is currently in a short-term upward trend, but the long-term trend still needs further confirmation. It is recommended that investors stay alert and combine more market information and technical indicators to make informed investment decisions.
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The five most significant events in the history of blockchain are expected to unfold in the next five days:
1. The full explosion of Ethereum Layer 2 technology: The Ethereum network is the backbone of the blockchain ecosystem, and the advancement of Layer 2 technology is expected to completely solve the problems of scalability and high transaction costs. Projects like Optimism and Arbitrum have already attracted a large amount of capital and users, and in the coming months, these technologies may pave the way for more decentralized applications.
2. Acceleration of central bank digital currency (CBDC) pilots: In the second half of 2024, pilot programs for central bank digital currencies (CBDCs) in several countries will enter a critical phase. Whether it’s Europe’s digital euro or Asia’s digital yuan, these projects will have a profound impact on the global economic landscape.
3. Large-scale landing of Web3 applications: From NFTs to decentralized social networks, the concept of Web3 has deeply resonated. By the end of 2024, a batch of Web3 projects with real application value may lead a new wave of user growth.
4. Global expansion of Bitcoin and Ethereum ETFs: The approval of spot Bitcoin and Ethereum ETFs has brought capital inflow and mainstream recognition to the crypto market, and more assets may enter the ETF space by 2025. By December 2024, the management scale of Bitcoin ETFs is expected to exceed $100 billion.
5. A major country within the G7 or BRICS will establish and announce a strategic Bitcoin reserve: The Trump administration proposed to establish a strategic Bitcoin reserve (SBR) for the United States, which sparked much debate and speculation. This proposal itself has far-reaching implications and may prompt other major countries to consider similar actions.
These events signify important progress in blockchain technology across multiple fields such as finance, currency, and applications, indicating that blockchain technology will further integrate into the mainstream economy and financial system.
1. The full explosion of Ethereum Layer 2 technology: The Ethereum network is the backbone of the blockchain ecosystem, and the advancement of Layer 2 technology is expected to completely solve the problems of scalability and high transaction costs. Projects like Optimism and Arbitrum have already attracted a large amount of capital and users, and in the coming months, these technologies may pave the way for more decentralized applications.
2. Acceleration of central bank digital currency (CBDC) pilots: In the second half of 2024, pilot programs for central bank digital currencies (CBDCs) in several countries will enter a critical phase. Whether it’s Europe’s digital euro or Asia’s digital yuan, these projects will have a profound impact on the global economic landscape.
3. Large-scale landing of Web3 applications: From NFTs to decentralized social networks, the concept of Web3 has deeply resonated. By the end of 2024, a batch of Web3 projects with real application value may lead a new wave of user growth.
4. Global expansion of Bitcoin and Ethereum ETFs: The approval of spot Bitcoin and Ethereum ETFs has brought capital inflow and mainstream recognition to the crypto market, and more assets may enter the ETF space by 2025. By December 2024, the management scale of Bitcoin ETFs is expected to exceed $100 billion.
5. A major country within the G7 or BRICS will establish and announce a strategic Bitcoin reserve: The Trump administration proposed to establish a strategic Bitcoin reserve (SBR) for the United States, which sparked much debate and speculation. This proposal itself has far-reaching implications and may prompt other major countries to consider similar actions.
These events signify important progress in blockchain technology across multiple fields such as finance, currency, and applications, indicating that blockchain technology will further integrate into the mainstream economy and financial system.
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Waiting for a high-level pullback... Buying near 2.15 😂
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Answer to netizens' questions: In cryptocurrency trading, setting the parameters for short-term moving averages (MA) needs to consider personal trading strategies and market characteristics. Here are some suggestions that can help you set short-term MAs more accurately:
1. **Choose the appropriate period**: Short-term trading usually focuses on shorter time periods. Common short-term MA periods include 5-day, 10-day, 20-day, etc. These periods can quickly reflect price changes, suitable for capturing short-term trends.
2. **Combine with other technical indicators**: Using MA alone may lead to misjudgments, so combining it with other technical indicators can improve the success rate of trades. For example, MA can be used in conjunction with the Relative Strength Index (RSI), Bollinger Bands, and other indicators to obtain more comprehensive market information.
3. **Observe the relationship between price and MA**: When the price breaks above an ascending MA, it may indicate a trend reversal, while when the price falls below a descending MA, it may suggest the continuation of the trend. This can help you determine the timing for buying or selling.
4. **Adjust stop-loss and take-profit levels**: When trading using MA, it is very important to set reasonable stop-loss and take-profit levels. Investors can set stop-loss points by observing the distance between the price and the MA, for example, triggering a stop-loss when the price deviates from the MA by a certain margin. Additionally, take-profit points can be set according to the trend direction of the MA, such as considering profit-taking when the price retraces to near the MA during an upward trend.
5. **Practice and optimization**: After setting the MA parameters, it is necessary to test their effectiveness through practice and adjust them according to market changes. Each market and each stock has different characteristics, so parameters need to be optimized based on actual conditions.
6. **Use the Fibonacci sequence**: Some traders prefer to use numbers from the Fibonacci sequence as the MA periods, such as 3, 5, 8, 13, 21, 34, 55, 89, 144, and 233 days, as these numbers are believed to have special significance in nature and financial markets.
Remember, there is no one-size-fits-all setting for all markets and all times, so it is very important to continuously test and adjust your settings to adapt to current market conditions. At the same time, risk management and capital management are also key factors for trading success.
1. **Choose the appropriate period**: Short-term trading usually focuses on shorter time periods. Common short-term MA periods include 5-day, 10-day, 20-day, etc. These periods can quickly reflect price changes, suitable for capturing short-term trends.
2. **Combine with other technical indicators**: Using MA alone may lead to misjudgments, so combining it with other technical indicators can improve the success rate of trades. For example, MA can be used in conjunction with the Relative Strength Index (RSI), Bollinger Bands, and other indicators to obtain more comprehensive market information.
3. **Observe the relationship between price and MA**: When the price breaks above an ascending MA, it may indicate a trend reversal, while when the price falls below a descending MA, it may suggest the continuation of the trend. This can help you determine the timing for buying or selling.
4. **Adjust stop-loss and take-profit levels**: When trading using MA, it is very important to set reasonable stop-loss and take-profit levels. Investors can set stop-loss points by observing the distance between the price and the MA, for example, triggering a stop-loss when the price deviates from the MA by a certain margin. Additionally, take-profit points can be set according to the trend direction of the MA, such as considering profit-taking when the price retraces to near the MA during an upward trend.
5. **Practice and optimization**: After setting the MA parameters, it is necessary to test their effectiveness through practice and adjust them according to market changes. Each market and each stock has different characteristics, so parameters need to be optimized based on actual conditions.
6. **Use the Fibonacci sequence**: Some traders prefer to use numbers from the Fibonacci sequence as the MA periods, such as 3, 5, 8, 13, 21, 34, 55, 89, 144, and 233 days, as these numbers are believed to have special significance in nature and financial markets.
Remember, there is no one-size-fits-all setting for all markets and all times, so it is very important to continuously test and adjust your settings to adapt to current market conditions. At the same time, risk management and capital management are also key factors for trading success.
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DOGE Analysis
1. Current Price: The current price of DOGE/USDT is 0.31924 USDT, which means 1 DOGE equals 0.31924 USDT.
2. **24-hour High and Low Prices**: The highest price in the last 24 hours is 0.32910 USDT, and the lowest price is 0.30930 USDT.
3. **24-hour Trading Volume and Amount**: The trading volume in the last 24 hours is 1.024 billion DOGE, and the trading amount is 327 million USDT.
4. **Exponential Moving Averages (EMA)**: The chart shows the 7-day, 25-day, and 99-day exponential moving averages (EMA). These lines can help investors identify trends:
- EMA(7): 0.31839
- EMA(25): 0.31882
- EMA(99): 0.33763
5. **MACD (Moving Average Convergence Divergence)**: MACD is a momentum indicator used to identify changes in price trends. The chart shows:
- DIF: -0.00062
- DEA: -0.00098
- MACD: 0.00035
6. **Volume (Vol)**: Volume is an indicator of market activity. The volume shown in the chart is 98,721,194.
7. **Market Resistance Level**: Typically, a resistance level refers to a price area that may encounter resistance during an upward movement. In the chart, this is usually represented as a price level that has been unable to break through multiple times. In this chart, EMA(99) 0.33763 may be a potential resistance level, as the price may encounter selling pressure when approaching this level.
8. **Trend Analysis**: From the chart, the price has shown a downward trend for a period, but recently there seem to be signs of stabilization. If the price can break through and stabilize above EMA(99), it may indicate a trend reversal.
Please note that the cryptocurrency market is highly volatile, and prices can change rapidly. You should conduct your own research or consult a professional financial advisor before making any investment decisions.
1. Current Price: The current price of DOGE/USDT is 0.31924 USDT, which means 1 DOGE equals 0.31924 USDT.
2. **24-hour High and Low Prices**: The highest price in the last 24 hours is 0.32910 USDT, and the lowest price is 0.30930 USDT.
3. **24-hour Trading Volume and Amount**: The trading volume in the last 24 hours is 1.024 billion DOGE, and the trading amount is 327 million USDT.
4. **Exponential Moving Averages (EMA)**: The chart shows the 7-day, 25-day, and 99-day exponential moving averages (EMA). These lines can help investors identify trends:
- EMA(7): 0.31839
- EMA(25): 0.31882
- EMA(99): 0.33763
5. **MACD (Moving Average Convergence Divergence)**: MACD is a momentum indicator used to identify changes in price trends. The chart shows:
- DIF: -0.00062
- DEA: -0.00098
- MACD: 0.00035
6. **Volume (Vol)**: Volume is an indicator of market activity. The volume shown in the chart is 98,721,194.
7. **Market Resistance Level**: Typically, a resistance level refers to a price area that may encounter resistance during an upward movement. In the chart, this is usually represented as a price level that has been unable to break through multiple times. In this chart, EMA(99) 0.33763 may be a potential resistance level, as the price may encounter selling pressure when approaching this level.
8. **Trend Analysis**: From the chart, the price has shown a downward trend for a period, but recently there seem to be signs of stabilization. If the price can break through and stabilize above EMA(99), it may indicate a trend reversal.
Please note that the cryptocurrency market is highly volatile, and prices can change rapidly. You should conduct your own research or consult a professional financial advisor before making any investment decisions.
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A new round has begun☀️
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My Personally Favored Blockchain Projects (Part Four)
Injective Protocol (INJ) is a decentralized blockchain platform focused on providing fast and scalable decentralized finance (DeFi) services. Below is a detailed explanation of the INJ project and its vision:
Project Features:
1. Cross-Chain Compatibility: INJ supports decentralized exchanges (DEX), derivatives, and synthetic assets running across multiple blockchains, enhancing the network's interoperability.
2. High Performance: Injective leverages Layer-1 infrastructure to enable dApps to execute transactions quickly and efficiently at lower costs, which is especially important for high-frequency trading and derivatives markets.
Project Features:
1. Cross-Chain Compatibility: INJ supports decentralized exchanges (DEX), derivatives, and synthetic assets running across multiple blockchains, enhancing the network's interoperability.
2. High Performance: Injective leverages Layer-1 infrastructure to enable dApps to execute transactions quickly and efficiently at lower costs, which is especially important for high-frequency trading and derivatives markets.
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Blockchain Projects I Personally Favor (III)
Aptos (APT) is a Layer-1 blockchain network launched by Aptos Labs, whose team consists of former employees from Meta's cryptocurrency division, Diem. This new blockchain aims to address key issues of scalability, security, and reliability, making it a versatile platform for decentralized applications (dApps) and non-fungible tokens (NFTs).
Project Features:
1. High Throughput: The design goal of Aptos is to achieve high throughput to support large-scale transactions and applications.
2. Security: Aptos emphasizes security, using the Move programming language, which is known for its safety and reliability.
Project Features:
1. High Throughput: The design goal of Aptos is to achieve high throughput to support large-scale transactions and applications.
2. Security: Aptos emphasizes security, using the Move programming language, which is known for its safety and reliability.
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Blockchain Projects I Personally Favor (Part II)
TRON (TRX) is a decentralized blockchain platform founded by Justin Sun, aimed at facilitating the creation and deployment of decentralized applications (dApps) and smart contracts. The following is a detailed explanation of the TRON project and its vision:
Project features:
1. High throughput: TRON can handle over 2000 transactions per second (TPS), far exceeding Bitcoin and Ethereum, making it suitable for large-scale applications.
2. Low transaction fees: TRON offers the lowest transaction fees, allowing both users and developers to transact at low costs.
3. User-friendly: The platform provides developers with a simple interface to create dApps, enabling a wider user base to participate.
Project features:
1. High throughput: TRON can handle over 2000 transactions per second (TPS), far exceeding Bitcoin and Ethereum, making it suitable for large-scale applications.
2. Low transaction fees: TRON offers the lowest transaction fees, allowing both users and developers to transact at low costs.
3. User-friendly: The platform provides developers with a simple interface to create dApps, enabling a wider user base to participate.
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Blockchain Projects I Personally Favor 1️⃣
The TON project, fully named The Open Network (TON), is a decentralized Layer-1 blockchain aimed at providing a platform for decentralized applications (dApps) and smart contracts. Here are some key information about the TON project:
1. Origins and Development: TON was initially initiated by the Durov brothers, the founders of Telegram, but due to regulatory reasons, the project was handed over to the community and the TON Foundation for operation.
2. Architectural Design: The design goal of TON is to support large-scale applications and transactions, aiming to process up to 1 million transactions per second (tps). This performance is attributed to its unique structure, including a main blockchain (main chain) and multiple working blockchains (work chains).
1. Origins and Development: TON was initially initiated by the Durov brothers, the founders of Telegram, but due to regulatory reasons, the project was handed over to the community and the TON Foundation for operation.
2. Architectural Design: The design goal of TON is to support large-scale applications and transactions, aiming to process up to 1 million transactions per second (tps). This performance is attributed to its unique structure, including a main blockchain (main chain) and multiple working blockchains (work chains).
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Based on the screenshot information you provided for the DOGE/USDT trading pair, we can perform some basic technical analysis. Please note that the following analysis is for reference only and does not constitute investment advice.
Current Price: The current price of DOGE is 0.31937 USDT, down 1.09% from the previous trading day.
24-Hour Price Range: The highest price in the last 24 hours is 0.32970 USDT, and the lowest price is 0.31192 USDT, indicating that the price fluctuated within this range.
Trading Volume: The trading volume in the last 24 hours is 980 million DOGE, with a trading amount of 314 million USDT, indicating a high level of trading activity.
MACD Indicator: The MACD indicator shows the DIF (fast line) is -0.00130, the DEA (slow line) is -0.00123, and the MACD histogram is -0.00008. Both DIF and DEA are negative, and the DIF is below the DEA, which is usually seen as a bearish signal. However, the histogram value is close to zero, indicating the market may be in a consolidation phase.
Price Trend: From the chart, it appears that after a period of decline, DOGE's price has found support around 0.30837 and has rebounded. The current price is around 0.31937, close to the midpoint price in the last 24 hours.
Resistance Level: The resistance level usually refers to the level of resistance that the price encounters during an upward movement. According to the chart, the recent resistance level may be near the highest price of 0.32970 USDT in the last 24 hours. If the price can break this level, it may rise further.
Support Level: The support level refers to the level of support that the price may encounter during a downward movement. From the chart, the support level may be around 0.30837 USDT, which is a recent low point.
Trading Strategy: Considering the current MACD indicator and price trend, if the price can stabilize above the support level and break through the resistance level, it may attract more buying. However, if the price falls below the support level, it may decline further.
Please remember that the cryptocurrency market is highly volatile, and thorough research should be conducted before investing, considering personal risk tolerance.
Current Price: The current price of DOGE is 0.31937 USDT, down 1.09% from the previous trading day.
24-Hour Price Range: The highest price in the last 24 hours is 0.32970 USDT, and the lowest price is 0.31192 USDT, indicating that the price fluctuated within this range.
Trading Volume: The trading volume in the last 24 hours is 980 million DOGE, with a trading amount of 314 million USDT, indicating a high level of trading activity.
MACD Indicator: The MACD indicator shows the DIF (fast line) is -0.00130, the DEA (slow line) is -0.00123, and the MACD histogram is -0.00008. Both DIF and DEA are negative, and the DIF is below the DEA, which is usually seen as a bearish signal. However, the histogram value is close to zero, indicating the market may be in a consolidation phase.
Price Trend: From the chart, it appears that after a period of decline, DOGE's price has found support around 0.30837 and has rebounded. The current price is around 0.31937, close to the midpoint price in the last 24 hours.
Resistance Level: The resistance level usually refers to the level of resistance that the price encounters during an upward movement. According to the chart, the recent resistance level may be near the highest price of 0.32970 USDT in the last 24 hours. If the price can break this level, it may rise further.
Support Level: The support level refers to the level of support that the price may encounter during a downward movement. From the chart, the support level may be around 0.30837 USDT, which is a recent low point.
Trading Strategy: Considering the current MACD indicator and price trend, if the price can stabilize above the support level and break through the resistance level, it may attract more buying. However, if the price falls below the support level, it may decline further.
Please remember that the cryptocurrency market is highly volatile, and thorough research should be conducted before investing, considering personal risk tolerance.